Indiana University Health Ball Memorial Physicians Inc
- Assets
- $15.5m
- Revenue
- $90.6m
- Investments
- $0.0
- Employees
- 934
- Location
- Indianapolis, IN
- Founding
- 12/1996
- Data as of
- 12/2020
- EIN
- 35-1925641
Organization Overview
Indiana University Health Ball Memorial Physicians Inc is located in Indianapolis, IN. The organization was established in 1996. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2021, Indiana University Health Ball Memorial Physicians Inc employed 934 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indiana University Health Ball Memorial Physicians Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Indiana University Health Ball Memorial Physicians Inc generated $90.6m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.3% each year . All expenses for the organization totaled $133.6m during the year ending 12/2020. While expenses have increased by 12.5% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
LEAD THE TRANSFORMATION OF HEALTHCARE THROUGH QUALITY, INNOVATION & EDUCATION, AND MAKE INDIANA ONE OF THE NATION'S HEALTHIEST STATES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INDIANA UNIVERSITY HEALTH BALL MEMORIAL PHYSICIANS IS COMPOSED OF PRIMARY CARE AND SPECIALTY PHYSICIANS COMMITTED TO PROVIDING HIGH QUALITY PATIENT-CENTERED CARE, PLACING THE HIGHEST PRIORITY ON THE NEEDS OF THE PATIENT AND THEIR FAMILIES, WITHOUT REGARD TO THE PATIENT'S ABILITY TO PAY. IU HEALTH BALL MEMORIAL PHYSICIANS HAS MULTIPLE CONVENIENT LOCATIONS THROUGHOUT EAST CENTRAL INDIANA, MANY OF WHICH INCLUDE AN ON-SITE PHARMACY, IMAGING, AND PHYSICAL THERAPY SERVICES.
IU HEALTH BALL MEMORIAL PHYSICIANS, INC. PROVIDES SERVICES, WHICH INCLUDE COORDINATED ACTIVITIES AND POLICES, TO RELATED TAX-EXEMPT ORGANIZATIONS DESIGNED TO MEET THE MISSION OF THE INDIANA UNIVERSITY HEALTH SYSTEM.
AS OF DECEMBER 31, 2021, INDIANA UNIVERSITY HEALTH BALL MEMORIAL PHYSICIANS, INC. HAD RECEIVED STIMULUS FUNDS FROM THE PROVIDER RELIEF FUND UNDER THE PROVISIONS OF THE CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY ACT (CARES ACT) AND PAYCHECK PROTECTION PROGRAM AND HEALTH CARE ENHANCEMENT ACT. INDIANA UNIVERSITY HEALTH BALL MEMORIAL PHYSICIANS RECOGNIZED $1,047,088 AS OTHER PROGRAM SERVICE REVENUE. INDIANA UNIVERSITY HEALTH BALL MEMORIAL PHYSICIANS, INC. WILL CONTINUE TO MONITOR COMPLIANCE WITH THE TERMS AND CONDITIONS OF THE PROVIDER RELIEF FUND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Former Officer | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Barton Associates Inc Staffing | 12/30/20 | $906,330 |
Alpha Muncie Medical Llc Medical | 12/30/20 | $722,466 |
Staff Care Inc Staffing | 12/30/20 | $407,342 |
Neurology Of Eastern In Pc Staffing | 12/30/20 | $318,267 |
Weatherby Loccums Inc Staffing | 12/30/20 | $1,450,037 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $111,081 |
| Investment income | $1,464 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $90,589,593 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,652,836 |
| Compensation to disqualified persons | $732,883 |
| Other salaries and wages | $90,624,155 |
| Pension plan accruals and contributions | $2,596,483 |
| Other employee benefits | $6,451,974 |
| Payroll taxes | $4,168,109 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $15,101,446 |
| Advertising and promotion | $1,630 |
| Office expenses | $307,294 |
| Information technology | $63,525 |
| Royalties | $0 |
| Occupancy | $3,231,244 |
| Travel | $50,234 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,484 |
| Interest | $46,880 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $682,643 |
| Insurance | $2,037,410 |
| All other expenses | $0 |
| Total functional expenses | $133,590,014 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,465,092 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $2,811,465 |
| Inventories for sale or use | $59,814 |
| Prepaid expenses and deferred charges | $1,031,107 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $81,812 |
| Other assets | $1,479,982 |
| Total assets | $15,468,019 |
| Accounts payable and accrued expenses | $12,925,566 |
| Grants payable | $0 |
| Deferred revenue | $26,667 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $743,813 |
| Total liabilities | $13,696,046 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $1,771,973 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Indiana University Health Ball Memorial Physicians Inc has recieved totaling $217,600.
| Awarding Organization | Amount |
|---|---|
Indiana University Health Foundation Inc Indianapolis, IN PURPOSE: General support | $217,600 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Presence Central And Suburban Hospitals Network St Louis, MO | $520,201,301 | $798,952,140 |
Community Physicians Of Indiana Inc Indianapolis, IN | $101,048,784 | $378,135,531 |
Ssm Health Care Of Wisconsin Inc St Louis, MO | $1,113,460,770 | $681,842,146 |
Mercy Hospital Joplin Joplin, MO | $216,336,948 | $224,274,083 |
Summit Medical Group Inc Erlanger, KY | $190,205,942 | $425,285,378 |
Thedacare Inc Appleton, WI | $691,025,693 | $439,639,874 |
Ch Allied Services Inc Columbia, MO | $320,950,223 | $456,105,423 |
Community Hospitals Of Indiana Inc Indianapolis, IN | $779,256,997 | $322,956,027 |
St Vincent Health Inc St Louis, MO | $155,131,578 | $231,980,617 |
Carle Bromenn Medical Center Urbana, IL | $59,991,964 | $210,828,397 |
Coxhealth Springfield, MO | $970,222,612 | $196,417,581 |
Prohealth Medical Group Inc Waukesha, WI | $120,412,770 | $177,161,425 |